Have you ever been someone's other choice?
The demise of Australian online retailer SurfStitch is a wild tabloid run that we in the surfs are not often privy to. Splashed throughout the pages of normal media there are lawsuits, countersuits, disappearing founders, jilted lovers and now sloppy seconds!
And true! Your favorite internet discount shopping site apparently had eyes only for Surfing World before settling on the funky sister Stab! Let’s read from today’s thrill in the Financial Review:
The Sydney entrepreneur making a hostile takeover for SurfStitch Group has slammed the troubled company for making overpriced acquisitions and says he wants to break up and sell off the business.
Sundell Group executive chairman Kim Sundell revealed that he agreed last December to sell his surfing businesses, which incudes the CoastalWatch website and Surfing World magazine, to SurfStitch for $10 million.
The board of SurfStitch – one of the worst-performing companies on the stock exchange this year – backed out of the sale four months later and reneged on a sales, media and advertising deal that would have created an alliance between the two surf companies, Mr Sundell said.
The publicity shy businessman is in the unusual situation of trying to buy a company he is suing for breach of contract.
“They are like the Alan Bond of the surf-to-surf industry,” Mr Sundell said in an exclusive interview at his local cafe near his home on Sydney’s Balmoral Beach. “I think they wrote off $88 million of goodwill. It’s insane.”
There is tons more to chew on here but let’s just think about Surfing World vs. Stab for a few seconds. Who would you rather bed? Think, before you answer, about long-term happiness. About who would be a better partner as opposed to a better time.
Maybe you don’t care? Maybe you a live-for-the-moment kinda gal?
Well? Which one cranks your shaft in the mo?
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Surfing will viewed by future generations as a lame dog the way we view tennis or golf now, played by overweight old people in neon nylon trying desperatley to relive the youth that was taken from them, corperations and bean counters will put the nail in the coffin for this once sport of kings, but until then buy the dream and sell the future to the next generation of surf rats and their soccer dads and mums as they cling to the hope that their sporn is going to be the next big thing…..
If anyone’s interested I’ve got $88 million of prime goodwill up for sale
Contact me at [email protected]
Is there any surf Co’s , that have actually been a success on any stock market anywhere?
It’s pretty obvious that anything to do with Surf Co’s going onto the stock exchange , is all about a few making the mega millions and leaving burnt out ,rotting corpses of Brands Companies for the future genrations.
Could you fit that on a Quiksilver tshirt?
This is like the worst game of marry-fuck-kill ever, but here we go:
Marry: The Surfer’s Journal (duh, we can have long talks on the porch when we’re too old to ‘pop up’ anymore…)
Fuck: Stab
Kill: The Intertia, obviously.
Oh brilliant! Would everyone marry the surfers j?
And only get laid 6 times a year? Sign me up.